Energy Update
The battle over South Africa’s Mining Charter highlights a lack of confidence in government. Neil Ford explains in his latest blog post.
Leading the way among major producers of consumer goods, Anheuser-Busch (ABInBev) on Tuesday announced its commitment to become 100 percent powered by renewable energy by 2025. According to the company it will then become the largest corporate direct purchaser of renewable electricity in the consumer goods sector.
Consumers have seen flat or declining energy costs as renewable energy becomes a greater part of the energy mix of Minnesota and the nation. That’s one of the findings in the annual 2017 Sustainable Energy in America Factbook, published by Bloomberg New Energy Finance in partnership with the Business Council for Sustainable Energy.
Greenko Energy Holdings, the green power developer backed by sovereign wealth funds, expects to double its capacity in India by 2019 with the help of assets acquired during the bankruptcy of SunEdison Inc.
Generation capacity should grow to about 5 gigawatts in the next two years as new projects come online and Greenko integrates 1.5 gigawatts of SunEdison assets into its portfolio, Mahesh Kolli, the founder of the company based in Hyderabad, India, said in a telephone interview.
President Donald Trump is moving aggressively to undo policies designed to keep the carbon-cutting promises the U.S. made alongside nearly 200 other countries in Paris, while stopping short of a decision to formally withdraw from that landmark climate accord.
Total has collaborated with Borealis and Nova to establish a joint venture (JV) to construct a $1.7bn ethane steam cracker and polyethylene unit on the US Gulf Coast.
(Tue, 28 Mar 2017) In 2016, U.S. crude oil exports averaged 520,000 barrels per day (b/d), 55,000 b/d (12%) above the 2015 level, despite a year-over-year decline in domestic crude oil production. Even though oil exports have increased, growth in U.S. crude oil exports has slowed significantly from its pace from 2013 to 2015, when annual U.S. crude oil production grew rapidly.
The Asian Infrastructure Investment Bank (AIIB) has approved $60m loan for Bangladesh Natural Gas Infrastructure and Efficiency Improvement Project, co-financed with the Asian Development Bank.
TomCo Energy provided an update on its strategic direction and to announce that it has incorporated a new Utah-based subsidiary company named TurboShale.
Energy Recovery announced a new partnership with Kemper Valve and Fittings, a Caterpillar company, to design and produce the second generation manifold trailer, or missile, for Energy Recovery's VorTeqTM hydraulic pumping system.
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